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weslad
Aug 15, 2018 7:24 AM

XLM Trading Idea and Potential Opportunity Long

Stellar Lumens / BitcoinBittrex

Description

XLMBTC has been trading in a bullish continuation pattern which is in the form of Bullish Channel.

Presently trapped in a symmetrical triangle and when this triangle breakout the price will rally.

Price bounced off 61.8% fib level and since then have been holding firmly.


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Trade active

Trade active

Trade active

Trade closed: target reached

First target achieved at 4005sats

Trade active

Trade continuation,we may have retracement before another major move up.

Comment

Trade active

Trade active

Correction still in progress

Trade active

Comments
ovidus
Do you expect a little retacement before more up?
weslad
@ovidus, yes of course there should be.
MarxBabu
this is good channel idea ;will use it with my strategy
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